IT has become part of the integral operations of business organization with key interest in how businesses can enhance their operations leveraging on technology. Investments in IT usually are made to improve user experience across customer touchpoints, enhance better efficiency of business operations and improve the overall business growth by significantly improving revenue lines.
IT cost businesses money and it is very important for businesses to ensure that their IT systems are working and functioning at an optimal level and delivering the kind of value they paid for with positive ROI. This is why it is very important for businesses to conduct routine IT audits. IT audits are usually designed to ensure that your IT systems are free from any form of risks or threats, to look out for all lapses or error in your IT systems, and ensure that the overall performance of your IT systems are not exposed to any form of attacks. Still not sure if you need to an IT audit service, let’s take a brief look at some of the objectives and benefits of IT audit to your business:
The objectives of IT Audit
Once you have invested in IT systems and infrastructure, it is very important for your business to understand why there is the need for regular IT audits. The three main objectives for conducting and IT audits are;
- To access the reliability of your IT systems and how they may impact other internal systems like financial statements and other applications.
- To ensure that your IT systems are functioning at the best optimal level and check the effectiveness of your IT controls.
- To access the level of compliance with all applicable laws, policies and IT standards within your industry of operation.
It systems store a lot of business information and data and so it is very important for businesses to ensure that their information and data is properly secured and information is shared and distributed in a way that does not compromise security.
Benefits of IT Audit to your business
Wondering if an IT audit will benefit your business? Kindly check out these few benefits of IT audit.
Minimizing the level of risk in IT systems.
Every business in its daily operations is exposed to different levels of risk both form within the organisation and from external sources. Because business are susceptible to attacks and data security breach, it is important to always ensure that your business is not overly exposed to such threats and risks. Conducting regular risk assessments is a proactive way of ensuring your IT systems are very efficient, effective and reliable in their operations. Businesses do not have control over the kind of risk they are exposed to but they can surely minimize their level of exposure to any form of risk by ensuring that their IT systems are constantly been checked by conducting IT audits.
Improve security of your data and information.
A key benefit of IT audit ensures that all IT related risks regarding the storage of data and the distribution of information are minimized. An effective IT audit will take full stock of all IT control systems and check the reliability and efficiency of all IT systems.
Conducting an IT audit can help tackle risks related to availability, integrity, and confidentiality of your information technology processes and infrastructure. They can also improve the reliability, effectiveness and efficiency of IT systems through risk assessments, identification, and mitigation. Identification of such risks and threats allows business to find proactive and innovating ways of mitigating them and putting in place measures to avoid any future breach in IT protocols. Clearly the benefit of improved IT security cannot be overemphasized as security of data and information is one of the most priced asset of any business organisation.
Ensure IT Governance
IT forms part of the overall business strategy and plays a role in achieving business goals and objectives on any organisation. It is however important to ensure that IT systems are working in a way that aligns with the overall objectives and goals of the business. Ensuring IT governance is to make sure that there is no mismatch in how IT is delivering results towards the ultimate achievement of business goals and objectives.
Using the right framework in ensuring IT governance, businesses will be able to access the level of compliance of IT to legal and regulatory obligations and also maintain confidence in the ability of the organization’s IT systems to help improve ROI on IT. The great thing about ensuring IT governance is that it allows IT to work seamlessly with other business units and ensure that IT systems are always safe and secured and delivering at a level that improves the efficiency of the business.
In the era and age of technology, it is practically impossible to run your business without investing in IT systems, which is why it very important that you ensure your IT investment is bringing more value to your business by running periodic IT audit.
Liranz has the best frameworks and capabilities to running IT audits for businesses with IT systems and infrastructure. Our experts to ensure that business data and information are safe and secured with IT systems delivering value in a compliant and ethical manner. The best way to know if your IT systems are not making you lose valuable data, information and money is to run an IT audit today.